The company signs a Memorandum of Understanding with Orica, one of the world's leading suppliers of mining and infrastructure solutions, to provide it with low-carbon TAN
- The new products, which will be used across Europe, the Middle East and Africa, will help reduce the environmental impact of the mining and civil works sector.
Madrid, 21 September 2023 – Fertiberia continues to take steps in its commitment to green hydrogen to achieve a real energy transition in European industry and is launching the world’s first low-carbon technical ammonium nitrate (TAN) produced from green hydrogen. In this sense, it has signed a Memorandum of Understanding to supply this TAN to Orica, one of the world’s leading suppliers of mining and infrastructure solutions. The special feature of this low-carbon TAN, which is produced at Fertiberia’s plant in Puertollano (Ciudad Real) and will be used in the mining and civil infrastructure markets across Europe, the Middle East and Africa, is that it is produced from renewable hydrogen, replacing natural gas.
Both companies, leaders in their respective sectors and committed to achieving climate neutrality within the next decade, reached this ground-breaking European-wide agreement at the recent EFEE (European Federation of Explosives Engineers) conference in Dublin, which will also help strengthen their customers’ sustainability plans.
In its various uses, the demand for TAN is expected to continue to grow steadily in the future, hence this low-carbon innovation has the potential to transform the industry by providing a more sustainable and efficient solution than traditional TAN.
Javier Goñi, CEO of Fertiberia, states: “This is a unique agreement in Europe. We are the first company to produce low-carbon TAN on an industrial scale from renewable hydrogen. The partnership with Orica reinforces that we are on the right track to lead this initiative that shows what the industry of the future will look like. Our collaboration will be an important step forward in the global effort to become as sustainable as possible.”
James Bonnor, Orica’s President for Europe, Middle East and Africa, said: “This is another step towards achieving our sustainability goals and collaborating for progress with like-minded organisations. For the first time, low-carbon TAN for use in the mining and civil infrastructure industries will ensure operations are more sustainable into the future, and we’re excited for this next chapter and supporting our customers overall ESG goals. We believe the combination of technology, decarbonisation, and sustainability will drive the next phase of growth for Orica and the entire industry.”
Fertiberia, a Group made up of 13 leading companies in the sector located in Spain, France, Portugal, the Netherlands, Sweden, and Greece and more than 1,600 people, is a European benchmark in the crop nutrition and industry sector, as well as a pioneer in the production of green hydrogen and green ammonia in the EU to decarbonise agriculture and other sectors such as industry and transport.
- It is also the first company in its sector to commit to achieving net zero emissions by 2035.
Fertiberia is owned by Triton Partners, a value-focused Investor in the European mid-market that contributes to the building of better businesses for the longer term. Triton supports Fertiberia’s growth to make this Spanish company a leader in the fertilization of the future, making manufacturing processes more efficient and environmentally friendly and enabling farmers to obtain higher yields in the most sustainable way possible.
Orica (ASX: ORI) is one of the world’s leading mining and infrastructure solutions providers. From the production and supply of explosives, blasting systems, mining chemicals and geotechnical monitoring to our innovative digital solutions and comprehensive range of services, we sustainably mobilise the earth’s resources.
- Operating for nearly 150 years, today our 12,000+ global workforce supports customers across surface and underground mines, quarry, construction, and oil and gas operations.
- Sustainability is integral to our operations. We have set an ambition to achieve net zero emissions by 2050 and are committed to playing our part in achieving the goals of the Paris Agreement.
Find more about Orica: orica.com